LONDON MARKET OPEN: Pound slumps to more than one-year low
The pound faded to USD1.2286 early Thursday, from USD1.2351. Sterling fell as low as USD1.2239 on Thursday, its worst level since November 2023. The euro was largely unmoved at USD1.0301 from ...
Unite positive on student accommodation demand but feels policy impact
Unite expects 97% to 98% occupancy and 4% to 5% rental growth for the 2025/26 academic year, compared to 97.5% occupancy and like-for-like rental growth of 8.2% in academic year 2024/25, and compared ...
LONDON BROKER RATINGS: Citi cuts AJ Bell; BofA likes JD Sports
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Hill & Smith CFO Hannah Nichols departs to join Coats Group
Nichols will join Coats as CFO on April 24 and assume full responsibilities after its annual general meeting on May 21, succeeding Jackie Callaway, who has mutually agreed with the board of Coats to ...
Global Petroleum shares tumble as fundraising extends to retail
(Alliance News) - Global Petroleum Ltd saw its shares drop 24% on Tuesday afternoon as it reported a successful capital raise to advance its Juno project.
LONDON BROKER RATINGS: Barratt and Persimmon raised but Berkeley cut
Redburn raises Barratt Redrow to 'buy' (neutral) - price target 540 (530) pence Redburn raises Persimmon to 'buy' (neutral) - price target 1,510 (1,610) pence RBC cuts Unilever to 'underperform' ...
Star Energy ups stake in Croatian geothermal development company
Through its Croatian subsidiary, IGeoPen doo, A14 Energy owns three geothermal waters exploration licences in the Pannonian Basin in Croatia.
LONDON MARKET CLOSE: Diageo dents spirits in London but US stocks fly
In contrast to the gloomy mood in Europe, US markets pushed higher. At the time of the London close, the Dow Jones Industrial Average was up 0.6%, the S&P 500 was 1.0% higher and the Nasdaq Composite ...
London close: Stocks finish first week of 2025 weaker
(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking ...
GSK treatment approved for adults with sinus condition in China
(Alliance News) - GSK PLC on Friday reported that its Nucala treatment has been approved in China to treat long-term sufferers of a sinus ailment following a phase 3 study.
Herald Investment Trust calls on investors to block Saba plans
(Alliance News) - Herald Investment Trust PLC on Friday urged shareholders to vote against motions proposed by Saba Capital Management LP, which had last month hit out at an "underwhelming" ...
LONDON BRIEFING: Herald Investment backs record amid Saba Capital saga
(Alliance News) - London's FTSE 100 is called to open slightly lower on Friday, after emerging from the new year with a hefty rise on Thursday. US stocks faltered on the first day of dealings in 2025, ...